SOLD
Sold on 16 Dec 2023 for $487,000

304/1 Derby Street
Kew VIC 3101

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 2031m2
Sold By
Nelson Alexander Kew
Save

Property Details for 304/1 Derby St, Kew

304/1 Derby St, Kew is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 2031m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Kew in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
65m2
Land Size
2031m2
Local Government
Boroondara
Lot/Plan
304/PS538423

Last Listing description (December 2023)

As big as some 2-bedroom apartments, at over 60 square meters this may just well be the biggest and best 1 bedroom in Kew. With uninterrupted views across High Street and every local amenity on the doorstep, this large sophisticated, top floor apartment ticks all the right boxes for an effortless "lock and leave" lifestyle. With windows running across two sides, and a stylish colour palette this apartment is drenched in natural light. A bold kitchen with stone benches adjoins the spacious dining/living area with folding glass doors opening up to direct access to a large alfresco balcony overlooking vibrant High Street. One generous bedroom features built in robes and is serviced by a sleek tiled bathroom with large shower and incorporated laundry. Add to this, a separate study nook, plush new carpeting, split system heating/cooling, privacy blinds, storage cage and secure basement parking for one car.

Perfectly positioned to take advantage of the many lifestyle attractions on offer in this prime inner Eastern suburb, just 5 kms from the CBD and footsteps from shops, transport and cafes of bustling High Street and Kew Junction. Stroll to parklands and enjoy easy access to prestigious primary and high schools plus proximity to the Eastern Freeway. Ideal for both first home buyers and savvy investors looking to increase their portfolio in a top-notch locale with no shortage of tenants wanting to move into the area and live amongst the action.

Property History for 304/1 Derby St, Kew, VIC 3101

A timeline of how this property has performed in the market
Last Sold
$487,000
16 Dec 2023
Listed for Rent
$385/w
07 May 2020
  • 16 Dec 2023
    Sold for $487,000
  • 29 Nov 2023
    Listed for Sale Auction $450,000 - $495,000
  • 21 Apr 2020
    Listed for Rent $385 / week
Sign in to see more transactions

Commute Calculator

About Kew 3101

The size of Kew is approximately 10.5 square kilometres. It has 37 parks covering nearly 18% of total area. The population of Kew in 2011 was 23,876 people. By 2016 the population was 24,613 showing a population growth of 3.1% in the area during that time. The predominant age group in Kew is 20-29 years. Households in Kew are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Kew work in a professional occupation. In 2011, 68.6% of the homes in Kew were owner-occupied compared with 66.1% in 2016.

Kew has 13,870 properties. Over the last 5 years, Houses in Kew have seen a 17.14% increase in median value, while Units have seen a 13.87% increase. As at 31 August 2024:

  • The median value for Houses in Kew is $2,719,247 while the median value for Units is $845,384.
  • Houses have a median rent of $1,000 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 19 properties listed for rent in Kew on OnTheHouse. According to CoreLogic's data, 616 properties were sold in the past 12 months in Kew.

Suburb Insights for Kew 3101

Market Insights
Kew Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Kew Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.